Private equity giant KKR has reportedly made a concession to the banks financing its $26 billion buyout of First Data (FDC). Meanwhile, tougher lending terms amid the credit crunch, sent Blackstone (BX) to another low Monday. Is the party completely over for private equity?
Pete Najarian believes BX is finally getting to a level where it’s a buy. He also feels the downside puts are cheap as protection.
Guy Adami agrees.
Karen Finerman suggests the wheels are starting to turn again for private equity. She tells the panel if you’re short BX, it might be time to cover.
Jeff Macke doesn’t agree. He thinks private equity deals are over.
Got something to say? Send us an e-mail at firstname.lastname@example.org and your comment might be posted on the Rapid Recap! Prefer to keep it between us? You can still send questions and comments to .
Trader disclosure: On Sept. 10, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders;
Make Owns (ATVI), (DIS), (INTC), (HAS); (EMC), Najarian Owns (VMW); Najarian Is Short (GS); Finerman's Firm Owns (COP); Finerman's Firm Owns S&P 500 Futures; Finerman's Firm Owns Russell 2000 Futures